In a PYMNTS study benchmarking the digital engagement levels of 11 countries, Spain performed well compared to its European peers. Of the five European Union countries included in the report, Spain scored highest in the PYMNTS ConnectedEconomy™ Index ranking, with a score of 32 out...
Inflation rages. Uncertainty is in the mix as to whether consumers will, or even can, keep spending at the pace that’s been seen in the past several months. For the small- to medium-sized businesses (SMBs) that line main streets across the United States and power...
As food prices and wage expectations (and legal minimums) rise, restaurants are seeing the impacts on their profit margins. By the Numbers Research from PYMNTS’ recent study “Main Street Health Survey Q3 2022: SMBs Battle Inflation,” which draws from a survey of 533 U.S. Main...
Twelve percent of Main Street SMBs are concerned about whether they will survive the next two years, and 37% say inflation has been their greatest challenge this year. Despite these grim realities, 54% of Main Street SMBs expect revenues to increase, and 25% of online...
The past 18 months have been a period of “unbelievable stress” for small- to medium-sized business (SMBs) owners in the U.K., according to Ann Marie Juliano, founder and CEO at London-based business finance startup Muse. Because the U.K. FinTech connects to software systems and SMBs’...
Pacific Northwest credit union iQ has launched a microlending program that lets qualified small businesses in Southwest Washington and the Portland area apply for loans online. “Most credit unions require business owners to contact a loan officer to begin an application for a small-business loan,”...
B2B payments — and specifically the technology underpinning those payments — has some catching up to do in order to help small- to medium-sized businesses (SMBs) alleviate pain points. “The AP/AR Quick-Start Guide,” a PYMNTS and Plastiq collaboration, revealed that paper-based and manual tasks still...
Small- to medium-sized business (SMB) loan origination, decisioning and monitoring platform Ranqx has launched operations in North America, saying it will provide SMBs a frictionless application process and lenders a better understanding of applicants. The New Zealand-based company’s platform offers banks, credit unions (CUs) and...
An advantage of being small is the ability to be nimbler, getting moneymaking decisions made and implemented at speeds enterprise merchants often find hard to match. For the PYMNTS study “2022 Buy Button: Accelerating Checkout Optimization,” the latest in a series that began in 2016,...
